Set Point Technology Holdings Limited - Results Of
Set Point Technology Holdings Limited - Results Of The General Meeting
Set Point Technology Holdings Limited
(`Sethold`)(Incorporated in South Africa)
(Registration number 1996/014334/06)
JSE Share Code: STO
ISIN Number: ZAE000013629RESULTS OF THE GENERAL MEETING
Sethold shareholders are advised that at the general meeting held on Wednesday,
29 June 2005, 99.95% of Sethold shareholders present or represented by proxy,
voted in favour of the ordinary resolutions pertaining to:* the acquisition of the business of Seran Engineering & Supplies (Proprietary)
Limited by Set Point Industrial Technology (Proprietary) Limited (`the
acquisition`); and
* the allotment and issue of 35 million new Sethold ordinary shares to theHaroon Habib Family Trust at 40c per share in cash (`specific issue of shares
for cash`).
All of the suspensive conditions relating to the acquisition have been
fulfilled.At this time it is expected that the agreement for the specific issue of shares
for cash will become unconditional during July 2005. The listing of the specific
issue shares will therefore not take place on Monday 4 July 2005. A further
announcement in this regard will be made in due course.Johannesburg
29 June 2005
Sponsors: KPMG and Standard BankDate: 29/06/2005 03:15:29 PM Produced by the JSE SENS Department
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
